The Worldtradex mobile app can be downloaded and quickly recognizes and retrieves data after entering the username, requiring no further action. From the Worldtradex app, users can open positions in the Worldtradex account as well as in MT4 and MT5, which can also be done using those specific applications. This means the app provides complete control over all open accounts and displays the full trading history. It features attractive charts for all three account types, allowing trading and modifications. From a trading perspective, the app is comprehensive, including an economic calendar and a section called “Space,” which features posts about different market assets filtered according to the trader’s interests.

Regulation tiers

Worldtradex provides a secure trading environment through segregated accounts, SSL encryption, and strict verification protocols. With constant system monitoring and safeguards like 3D Secure and Negative Balance Protection, traders can operate confidently, knowing their funds and data are protected. This allows less experienced traders to learn from and imitate the trading strategies of successful traders. Therefore, it not only facilitates learning for beginners but also potentially enhances trading outcomes. WorldtradexFX does not charge any fees for withdrawals and also covers any fees imposed by payment systems, allowing traders to withdraw funds without incurring additional costs.

Daily trading ideas

Rather than specializing in any one field, Worldtradex provides a wide assortment of content types. However, when compared to research leaders IG, Saxo, and CMC Markets, Worldtradex has room to enhance its research offering. For instance, I found that the content on the Worldtradex Blog is not updated daily across all categories. You can either withdraw the funds or transfer them to your trading account. Worldtradex’s IB partnership program offers a high-earning opportunity with transparent terms, fast payouts, and scalable potential.

Step by step, we are making trading easier and more accessible

CNY payments are subject to restrictions imposed by the People’s Republic of China. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including improving educational infrastructure and funding short-notice relief projects to support local communities. In other words, there’s a significant risk that Jerome Powell, the Fed Chairman, could adopt a more hawkish stance than the market anticipates. This would likely lead to considerable downward pressure on equity prices and present substantial upside risks for the U.S.

Free Demo Trading Account

• At that point, we could see our withdrawal status as “pending” in the dashboard.
• When comparing Worldtradex Group and Worldtradex on commissions and fees, both brokers offer distinct pricing structures that cater to different trading needs.
• Read our full explanation and accounting of our research and testing process to learn more about how we test.

Despite these similarities, Worldtradex Group stands out with a stronger research rating of 5 stars, compared to Worldtradex’s 4 stars. Additionally, Worldtradex Group ranks notably higher for research among 63 brokers, securing the 8th spot as per ForexBrokers.com. Meanwhile, Worldtradex trails at 27th, reflecting Worldtradex Group’s broader and more integrated research offerings.

What is the Worldtradex Status Program?

They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which Worldtradex entity you choose for establishing your trading account. Likewise, Mauritius is considered Tier-4, as per our Trust Score algorithm. The security of your funds – in terms of regulatory protection – will depend on which Worldtradex entity holds your account, and which, if any, relevant regulations provide customer protections.

Furthermore, the BOJ increased short-term interest rates to 0.5% in January, based on the assessment that Japan was progressing towards sustainably achieving its 2% inflation target. After testing 63 of the best forex brokers, our research and account testing finds that Worldtradex Group is better than Worldtradex. Worldtradex Group finished Worldtradex review with an overall rank of #17, while Worldtradex finished with an overall rank of #47.

Worldtradex is regulated in Cyprus by the Securities & Exchange Commission (CySEC) and in South Africa by the Financial Sector Conduct Authority (FSCA). https://worldtradex.online/ Worldtradex holds just one Tier-1 license and one Tier-2 license, resulting in a grade of “Average Risk” within the ForexBrokers.com Trust Score rating system. Worldtradex has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos.

• Whether you’re a novice exploring the markets or a professional looking for advanced tools, WorldtradexFX provides the necessary resources to achieve your trading goals.
• It allows traders to practise strategies, use technical tools, and explore trading platforms with virtual funds and no financial risk.
• Worldtradex Group relies on popular third-party platforms like MetaTrader 4 and MetaTrader 5, while Worldtradex offers its proprietary platform alongside these industry staples.
• Worldtradex Group does not feature Autochartist tools, but it shines with offerings from Trading Central, including Technical Analytics.

Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Raids revealed that the forex trading app routed investor funds through mule accounts into escrow accounts of unauthorised payment aggregator Dinero Payment Services. Additionally, shell companies posing as e-commerce platforms were taken aboard using fake KYCs to access payment gateways and avoid detection. Investor funds were disguised as online purchases, layered through multiple accounts, and ultimately disbursed as fake forex or betting payouts to conceal their origin. Worldtradex has good educational and training tools for beginners as well as expert traders.

By tracking behavior, analyzing trading patterns, and delivering personalized insights, it empowers users to fine-tune strategies and make more informed trading decisions. The Champion MT4 Demo Contest is a risk-free trading competition for demo users. Anyone with a demo account can join for free, trade for four weeks, and compete for a share of a $1,000 prize pool. Worldtradex’s 50% deposit bonus allows traders to increase their trading margin instantly with every deposit. This promotion helps you open higher-volume positions, amplify your trading potential, and even withdraw the bonus after meeting volume requirements. The broker also provides detailed economic calendars and market insights, which keep traders informed about the latest financial news and upcoming economic events.

The debate is not whether the SNB will cut the rates, but to what extent. Recent disinflationary pressures within the Swiss economy have led markets to anticipate a larger-than-usual 50-basis point (bps) reduction in rates. BOJ’s decision will hit the wires in the early hours during the Asian trading session on 17 June. Unlike other major banks, BoJ has embarked on a path toward monetary tightening. Last year, it concluded its yield curve control (YCC) policy and initiated a gradual reduction of its substantial bond purchases. These actions were part of an ongoing effort to transition the Japanese economy away from a decade of significant stimulus.

WorldtradexFX, registered in offshore jurisdictions, is suspected of targeting Indian investors through aggressive digital marketing campaigns, luring them with promises of high returns on forex trades. Many users, unaware of the legal implications, engaged in cross-border currency trading, violating Prevention of Money Laundering (PMLA) norms. The investigation revealed that WorldtradexFX, in collaboration with M/s WorldtradexFX India Pvt Ltd, operated in India without authorisation from the Reserve Bank of India (RBI). The platform allegedly lured investors with unauthorised leveraged trading services, collecting over Rs 800 crore within a span of less than a year. Despite prior red flags from the RBI, it continued its operations in violation of Indian financial regulations.

At Rationl FX, we prioritize clarity and transparency in all our interactions. Our services are available to everyone free of charge, but we do receive compensation from some of our partners for referring clients to them. One negative aspect we encountered while trading with MT4 was that it does not allow for regular partial closes.

These apps are available for Android and iOS, offering full account management, charting tools, and execution features. WorldtradexVision is an AI-powered tool that provides custom trading analysis and feedback. It supports all traders – new or experienced – by identifying patterns, tracking progress, and offering insights to help improve trading results.

By comparison, industry leaders Saxo, IG, and CMC Markets all offer over 10,000 tradeable instruments. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Worldtradex (formerly WorldtradexFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform. Worldtradex is regulated in some jurisdictions, but it’s not licensed by top-tier regulators like the FCA or ASIC.

While there is no minimum deposit from the virtual wallet, Worldtradex advises that the minimum deposit using this method is 50 USDT. The network charged a fee of 1 USDT, and the remaining amount was credited to our account in USD within minutes. For those familiar with cryptocurrency wallets, this process is very simple and quick. In our review, we only had the option to use Neteller, Skrill, and cryptocurrencies.